Articles about Automotive Industry

More than two million vehicles were sold in the People’s Republic last month
The global automotive industry took a big hit from the COVID-19 crisis, but some markets have been showing signs of recovery as of late. China, for one, has seen its sales figure improve over the last month.According to a Reuters
The industry is hurting
We are now in the fifth week of the government-imposed Enhanced Community Quarantine (ECQ), and pressure is building in different sectors of society. There are initial, hopeful, reports that the medical community is 'flattening the curve,' proving that the quarantine measures
The Japanese carmaker is establishing a new plant there
Suzuki has experienced substantial growth in the Philippine automotive market in recent years. In 2018, despite the Tax Reform for Acceleration and Inclusion (TRAIN) Act affecting the sales of major carmakers, the Japanese brand achieved a 2.5% growth over its efforts
Yay or nay
Everyone's going minimal these days. First, it was Volkswagen at the 2019 Frankfurt International Motor Show, unveiling a cleaner, simpler direction for its iconic V and W logo. Now, BMW's basically gone and done the same thing.The German car
The team took home five trophies in total
It's that time of the year again when Ford Philippines recognizes the standouts among the many talented journalists in the automotive beat. But the 19th Henry Ford Awards (HFA) was a little different.For the first time ever, an award for
“I am now in Lebanon and will no longer be held hostage"
Disgraced former Nissan chairman Carlos Ghosn has fled Japan and is now taking refuge in the Lebanese Republic.According to a report by the New York Times and Lebanese newspaper Al-Joumhouriya, Ghosn escaped to Lebanon via a private jet from Turkey.
It’s “too early to say” based on current reports
Nissan has been going through a rough patch as of late. Last week, it announced a huge drop in profits for the first quarter of the fiscal year.We reported the estimated drops prior to the Japanese carmaker's official announcement. The
What could’ve potentially been the world’s third biggest car entity is no more
The expected merger between Fiat Chrysler Automobiles (FCA) and Renault has fallen through. FCA has abruptly withdrawn its offer after the French government made some extra demands on Renault.The French state has a 15% stake in Renault, which brings strong influence.
Which of these do you plan on buying?
It's been a pretty eventful year for the local automotive industry so far. Every major player, from Japanese giants like Toyota and Suzuki to more upscale European brands like Volvo and BMW, has been busy bringing products in. And to think
This could be big
Fiat Chrysler Automobiles (FCA) is proposing a merger with Renault, and the French car manufacturer says it's looking into this scheme. Depending on how this plays out, we could be looking at the next big thing in the global auto industry.
Did you contribute to their sales last year?
Toyota, Volkswagen and Daimler are the automotive industry's three biggest companies, after coming in at 15th, 18th, and 37th, respectively, on Forbes's annual Global 2000 report of the world's largest public companies. General Motors and BMW came in at
Congratulations to all the winners
The Henry Ford Awards (HFA) is now in its 18th year, and it continues to be the only award-giving body that recognizes the efforts of local automotive journalists. This year, a total of 239 entries were submitted for 16 different categories."
Learn from their example
Oh, how we all wish we could go through our lives without ever experiencing anything as horrid as the Fyre Festival. That infamous story, which you can see in full in an entertaining Netflix documentary, involved would-be 'techpreneur' Billy McFarland and
An interview with Marc Brunner
With an increasing number of Filipinos taking on bigger roles abroad in major international companies-especially in the fields of hospitality, construction, and IT-you could say these highly trained, knowledgeable, and skilled personnel are fast becoming our most important exports. Anywhere
The executive finally speaks out
It's been a rough few months for disgraced Nissan top honcho Carlos Ghosn. The once-celebrated executive has been sitting in a Japanese jail cell since reports of financial irregularities came to light. Now, the former Nissan chairman has gotten his
His focus will be on the future of automotive technology
Big things are happening over in Detroit. Mark Reuss, a career-long company man at General Motors, has been named the company's new president, effective immediately."Mark's global operational experience, deep product knowledge, and strong leadership will serve us well
#UhOh
The USA's Securities and Exchange Commission has filed a lawsuit against Elon Musk, alleging a tweet in which he claimed he'd secured funding for a buyout of Tesla at $420 per share was "false and misleading."The Commission says Musk
Good news for us humans
Well, it doesn't look like robots will be taking over most of the jobs in the automotive industry. At least not yet.According to a report by Automotive News Europe based on data gathered by Bloomberg, employment in the auto industry
Let's go back 100 years
Cars, trucks and motorcycles were introduced and made available in the country by trading companies as early as 1901. Although the US dollar was equivalent to two Philippine silver pesos during that period, the price of a motorized vehicle was considered a
Back to the drawing board
Carmakers might not be too happy about this. The Department of Trade and Industry (DTI) has rejected the local auto industry's counter proposal to the looming increase in automotive excise taxes.According to a report by Inquirer, DTI secretary Ramon Lopez
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